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» Computationally feasible VCG mechanisms
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FOCS
2005
IEEE
14 years 1 months ago
Beyond VCG: Frugality of Truthful Mechanisms
We study truthful mechanisms for auctions in which the auctioneer is trying to hire a team of agents to perform a complex task, and paying them for their work. As common in the ï¬...
Anna R. Karlin, David Kempe, Tami Tamir
ATAL
2008
Springer
13 years 9 months ago
Undominated VCG redistribution mechanisms
Many important problems in multiagent systems can be seen as resource allocation problems. For such problems, the well-known Vickrey-Clarke-Groves (VCG) mechanism is efficient, in...
Mingyu Guo, Vincent Conitzer
CORR
2010
Springer
142views Education» more  CORR 2010»
13 years 5 months ago
Budget Feasible Mechanisms
We study a novel class of mechanism design problems in which the outcomes are constrained by the payments. This basic class of mechanism design problems captures many common econom...
Christos H. Papadimitriou, Yaron Singer

Publication
651views
15 years 6 months ago
On Optimal Linear Redistribution of VCG Payments in Assignment of Heterogeneous Objects
There are p heterogeneous objects to be assigned to n competing agents (n > p) each with unit demand. It is required to design a Groves mechanism for this assignment problem s...
Sujit Gujar, Y Narahari
SIGECOM
2005
ACM
105views ECommerce» more  SIGECOM 2005»
14 years 1 months ago
Towards truthful mechanisms for binary demand games: a general framework
The family of Vickrey-Clarke-Groves (VCG) mechanisms is arguably the most celebrated achievement in truthful mechanism design. However, VCG mechanisms have their limitations. They...
Ming-Yang Kao, Xiang-Yang Li, Weizhao Wang